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176 Northeast 68th Street

Coulda Beenyou Acquires Multifamily Property From Debbie Marana In Miami For $19.04M
SOLDMultiFamily

Coulda Beenyou Acquires Multifamily Property From Debbie Marana In Miami For $19.04M

176 Northeast 68th Street

$19,040,000

$329/SF

Building Size

57,715 SF

Asset Type

MultiFamily

Closing

Jul 10, 2026

AI

The property involved in this transaction is a multifamily asset located at 176 Northeast 68th Street in Miami. It has been sold for $19,040,000, comprising 112 units. The total square footage of the property is 57,715, leading to a price per unit of $170,000 and a price per square foot of $329.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $19,040,000
  • Units: 112
  • Square Footage: 57,715
  • Price Per Unit: $170,000
  • Price Per Square Foot: $329
  • Buyer: Coulda Beenyou
  • Seller: Debbie Marana
  • Brokers: Arthur David Porosoff & Javier A. Ubeda - The Porosoff Group - Compass
  • Transaction Counsel: Manny Vadillo - Sanchez Vadillo LLP

Arthur David Porosoff and Javier A. Ubeda announced the closing of Knight Center Apartments after 30 years of family ownership. They secured a no-inspection, multi-million non-refundable deposit "hard day 1" contract after previously unsuccessful listings. The Porosoff Group has over 20 years of experience in multifamily brokerage in South Florida.

Players

Arthur David Porosoff
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Arthur David Porosoff

POROSOFF

Broker

$184.8M

vol

27 deals

Broker

Coulda Beenyou

Coulda Beenyou

Buyer

$20.4M

vol

2 deals

Buyer

Debbie Marana

Debbie Marana

Seller

$19M

vol

1 deal

Seller

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93